Q:

Which of the following equation is/are INCORRECT?

I. NI = NDP + Net Foreign Income
II. GNP = GDP + Net Foreign Income
III. NDP = GNP – Depreciation

A) Only (I) and (II)	B) Only (III)
C) Only (II) and (III)	D) Only (II)

Answer & Explanation Answer: B) Only (III)

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 39049

Q:

Consider the following statements about indifference curves:

1. Indifference curves are convex to the origin.

2. Higher indifference curve represents higher level of satisfaction.

3. Two indifference curves cut each other.Which of the statements given above is/are correct?

A) 1 only	B) 1 and 2
C) 2 and 3	D) 3 only

Answer & Explanation Answer: B) 1 and 2

Explanation:

The indifference curves cannot intersect each other.

Higher indifference curve represents a higher level of satisfaction because higher IC means a bundle consisting more of both the goods or same quantity of one good n more quantity of the other good .Hence statement 2 is correct and 3 is incorrect.

Indifference curves is convex to the point of origin because of diminishing Marginal Rate of Substitution.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 39016

Q:

The fundamental source of monopoly power is

A) profit	B) barriers to entry
C) a product without close substitutes	D) decreasing average total cost

Answer & Explanation Answer: B) barriers to entry

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

3 38973

Q:

What does TCP stand for with respect to computer networks?

A) Transmission Control Protocol	B) Transfer Call Plan
C) Transfer Control Process	D) Transmission Call Protocol

Answer & Explanation Answer: A) Transmission Control Protocol

Explanation:

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Filed Under: Computer
Exam Prep: Bank Exams

17 38903

Q:

In India, Which type of forest among the following occupies the largest area?

A) Montane Wet Temporate Forest	B) Sub - tropical Dry Evergreen Forest
C) Tropical Moist Deciduous Forest	D) Tropical Wet Evergreen Forest

Answer & Explanation Answer: C) Tropical Moist Deciduous Forest

Explanation:

In India, Tropical Moist Deciduous Forest occupies the largest area. The tropical monsoon deciduous forests are found in areas receiving annual rainfall of 100 to 200 cms in India, with a distinct dry and rainy seasons and a small range of temperature. They occur on the wetter western side of the Deccan Plateau, the north-eastern part of the Deccan Plateau and the lower slopes of the Himalayas, on the Siwalik Hills from Jammu in the west to West Bengal in the east.

They cover parts of Chhattisgarh, Orissa, Bihar, Jharkand, Andhra Pradesh, Karnataka, Kerala and Tamil Nadu.

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Filed Under: Indian Geography
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

110 38876

Q:

Exposure to sunlight helps a person improve his health because

A) the infrared light kills bacteria in the body	B) resistance power increases
C) the pigment cells in the skin get stimulated and produce a healthy tan	D) the ultraviolet rays convert skin oil into Vitamin D

Answer & Explanation Answer: D) the ultraviolet rays convert skin oil into Vitamin D

Explanation:

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Filed Under: General Awareness

423 38746

Q:

Who is credited for the construction of the Red Fort?

A) Sikandar Lodi	B) Akbar
C) Jahangir	D) Shah Jahan

Answer & Explanation Answer: D) Shah Jahan

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

0 38724

Q:

Skills that can be transferred to other employers are called ___________.

A) general skills	B) specific skills
C) Non-economic skills	D) All options are correct

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